Repuzel

Bear flag / OIL

Short
Repuzel Aggiornato   
NYMEX:CL1!   Futures Petrolio Greggio Leggero
Bear flag on the daily, 50$ target
Trade attivo:
Still within the flag

invst.ly/bedpc
Commento:
totally
Commento:
CL is taking its time, but we're still within the flag range...any moment now...
Commento:
Commento:
invst.ly/bhe9-

we broke the flag line, at least $54 in the making, $50 behind the corner as well.
Commento:
$54 possible consolidation area before we continue towards $50 next week.
Commento:
$54 consolidation area is now being broken downward, so $50,15 can now be reached in the next down move.
Commento:
Target almost reached, may close the position around $50.40
Trade chiuso: obiettivo raggiunto:
This will continue its down trend in the long term, but it fell enough in one day (>5%), and the target is 95% reached.
Commento:
$53.80 is where the daily resistance sits. Could be a good point to re-enter the short position there.
Commento:
at the top of the channel invst.ly/btmfq
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